Industry

The Crude Oil Refinery Owners Association of Nigeria has warned the Federal Government to be cautious in granting import licences to petroleum traders for the importation of refined products. CORAN’s comment came amid the…
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Minister of State for Petroleum (Oil), Sen. Heineken Lokpobiri, (Middle), with Minister of State for Petroleum (Gas), Mr Ekperikpe Ekpo; Permanent Secretary, Ministry of Petroleum Resources, Amb. Gabriel Aduda, Group CEO, NNPC Ltd., Mr…
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The estimated cost of landing Premium Motor Spirit (PMS), commonly known as petrol, on Nigeria’s shores has seen a significant 20.34 per cent reduction, falling to ₦971.57 per litre over the past three months. This decline, which…
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Cecelia A. Umoren Indigenous oil and gas producers, Millennium Oil and Gas Company Limited (MOGOL) has entered a collaborative arrangement with American energy solutions provider, Saltspring Energy LLC, to decarbonize operations at the…
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By Patience Chat MosesThe Secretary General of the African Petroleum Producers Organization (APPO), Omar Farouk, has called on all African countries to invest in energy infrastructure to meet up with developing countries.Farouk who was…
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The Petroleum Tanker Drivers (PTD) Branch of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has decried the strike mongering posture of its parent body in reaction to the alleged deployment of troops that reportedly chased…
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Petroleum marketers in the country say there is no going back in their plan to import fuel from outside the country to crash the price of the product. PlatinumPost reports that the Independent Petroleum Marketers Association of…
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Dangote Refinery and Petrochemical is set to begin fuel exports to eight African countries, including South Africa, Angola, Namibia, Niger Republic, Chad, Burkina Faso, Central African Republic, and Ghana, The Punch reports. …
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Gabriel Mbaga Lima By Ese Ufuoma  Gabriel Mbaga Lima, former Minister of Mines, Hydrocarbons, and Finance of Equatorial Guinea, has warned that Africa’s ongoing food, energy, and manufacturing crises are jeopardizing the continent's…
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As part of the strategies to increase Nigeria’s crude oil production and enhance revenue accruing to the national treasury, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated for a week in each year to be…
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